U.S.-based VCs active in Canada outnumber domestic firms

June 12, 2015

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As highlighted in our recent 1H 2015 Canada Breakdown Report, venture capital invested in Canada hit a record C$1.8 billion in 2014, with an additional C$420 million coming in through the first quarter of 2015 across 88 deals. This may be attributed to a rise in U.S.-based VC funds investing in Canada, which now outnumber even Canada-based firms. This video highlights a few of the most active U.S funds in Canada, with additional insight on their involvement in the country’s software space specifically, which accounted for nearly 40% of all venture deals in 2014.